The assessment was reduced by $1,808,000 through appeal, generating tax savings of $30,320 in one tax year on the brand new facility.

PVS managed the appeal of a newly constructed MOB in Texas, reducing the assessment by 40%.
For a dialysis center constructed in 2023, Tarrant Appraisal District utilized a market income approach to set the 2024 assessment at $4.6M. PVS filed a formal appeal.
Using actual construction costs, the lease rate in an income analysis, and presenting an equity analysis, PVS represented the taxpayer at hearing before the Appraisal Review Board.
The assessment was reduced by $1,808,000 through appeal, generating tax savings of $30,320 in one tax year on the brand new facility.
The assessment was reduced by $1,808,000 through appeal, generating tax savings of $30,320 in one tax year on the brand new facility.